Duff & Phelps Cuts Rexford Stake by 1.79M Shares, Valuation Drops $57.39M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
0mins
Source: NASDAQ.COM
- Significant Divestment: Duff & Phelps sold 1.79 million shares of Rexford Industrial Realty in Q3, resulting in a valuation drop of approximately $57.39 million, indicating a reassessment of the company's future growth potential.
- Decreased Holding Proportion: Following the divestment, the fund's stake in Rexford fell from 1.22% to 0.53%, removing it from the fund's top five holdings, which reflects a weakening investor confidence in this asset.
- Stable Operating Performance: Despite Rexford's core funds from operations per share increasing by 1.7% and total portfolio NOI rising by 2.9% in Q3, investors remain cautious about its future growth, which may impact stock performance.
- Stock Buyback Signal: Rexford repurchased $150 million of its stock at an average price near $39 during the quarter, indicating management's belief that shares are undervalued, yet compared to larger holdings, its growth potential appears limited.
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Analyst Views on REXR
Wall Street analysts forecast REXR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for REXR is 43.85 USD with a low forecast of 38.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
4 Buy
9 Hold
1 Sell
Hold
Current: 40.170
Low
38.00
Averages
43.85
High
48.00
Current: 40.170
Low
38.00
Averages
43.85
High
48.00
About REXR
Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. It acquires, owns, improves, redevelops, leases, and manages industrial real estate principally located in Southern California infill markets, through Rexford Industrial Realty, L.P. (Operating Partnership) and its subsidiaries. The Company also acquires or provides mortgage debt secured by industrial zoned property or property suitable for industrial development. It provides property management services and leasing services to related party property owners. Its property management services include performing property inspections, monitoring repairs and maintenance, maintaining tenant relations and providing financial and accounting oversight. Its portfolio consists of 424 properties with approximately 51.0 million rentable square feet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rexford Industrial Announces 2025 Dividend Distribution Details
- Common Stock Distribution: Rexford Industrial's common stock distribution of $0.4175 per share is set for payment on January 15, 2025, indicating the company's ongoing cash flow and shareholder return capabilities.
- Preferred Stock Earnings: Series B and C preferred stocks will each distribute $0.367188 per share, demonstrating the company's commitment to stable earnings and enhancing investor confidence.
- Capital Gain Distribution: The total capital gain distribution for 2025 is reported as $0, reflecting the company's cautious capital management strategy aimed at protecting shareholder interests.
- Portfolio Quality: As of September 30, 2025, Rexford Industrial's portfolio comprises 420 properties with approximately 50.9 million rentable square feet, showcasing its strong competitiveness and market demand in the Southern California industrial sector.
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Rexford Industrial Realty (REXR) Announces 2025 Dividend Distribution Details
- Common Stock Distribution: Rexford Industrial's common stock distribution of $0.4175 per share is set for January 15, 2025, indicating the company's ongoing ability to generate stable cash flow, which enhances investor confidence.
- Preferred Stock Returns: Series B and C preferred stocks will each distribute $0.367188 per share, reflecting the company's commitment to preferred shareholders and potentially attracting more institutional investor interest.
- Transparent Tax Treatment: The company has clarified the tax treatment of 2025 dividends, encouraging shareholders to consult tax advisors, which enhances governance transparency and ensures shareholders understand tax implications.
- Portfolio Stability: As of September 30, 2025, Rexford Industrial's portfolio comprises 420 properties with approximately 50.9 million rentable square feet, providing a strong foundation for future dividend payments due to a stable tenant base.
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